Low rating for credit conditions brings down Taiwan’s overall ranking. Poor performance in one category — regarding legal rights in obtaining credit — has dragged down Taiwan’s overall rating in the World Bank’s recently released 2020 Doing Business survey of 190 countries and economies. In the latest edition, Taiwan fell back two places from last…
The annual delegation found an encouraging atmosphere for U.S.-Taiwan economic relations. When an AmCham Taipei delegation made the rounds of Washington, D.C., for a week in mid-June, it had three main requests for the U.S. government: Restore the former practice of holding high-level trade negotiations with Taiwan under the Trade and Investment Framework Agreement on…
Flurry of raids are reminder of unresolved status. In recent weeks, local health department inspectors looking for violations conducted searches of the offices of six doctors of chiropractic in three Taiwan cities. Although it is not yet clear whether any of the cases will result in prosecutions, the incidents are a reminder of the precarious…
The absence of diplomatic ties hasn’t deterred the establishment of collaboration in a host of different fields. During this commemoration year for the Taiwan Relations Act, Taiwan and the U.S. can take satisfaction from knowing that 40 years and the loss of formal diplomatic relations haven’t dimmed the deep-seated friendship and widespread cooperation between them….
While in Asia in the fall of 1964, American businessman Edward J. Rehfeldt Jr. decided to make a stop in Taipei at the invitation of a friend. Before the visit was over, he had agreed to set up an electronics components factory in one of the first foreign investments on the island. In the more…
AmCham Taipei played a key supportive role when formal diplomatic ties ended 40 years ago. Forty years ago, it seemed inevitable to many that Washington would eventually establish diplomatic ties with Beijing. But one of the big unknowns was how this monumental shift would affect Taiwan. Before President Jimmy Carter finally announced the switch on…
AmCham also worked closely with the Taiwan government in 1979 to preserve – or refashion – important expat community institutions. The U.S. decision in late 1978 to cut diplomatic relations with Taiwan suddenly put at risk the ability of various American community institutions in Taipei to continue operating. Those entities’ legal status in Taiwan had…
Growth Forecasts Cut “The economy is losing steam, but is not in a recessionary state,” Minister Chu Tzer-ming of the Directorate General of Budget, Accounting and Statistics told a mid-February news conference. He reported that DGBAS is now forecasting GDP growth for Taiwan of 2.27% this year, down from the 2.41% it was predicting last…
2019 Lantern Festival Spotlights Pingtung This year’s national lantern festival was hosted by the southern county of Pingtung and held in the national scenic area of Dapeng Bay. The event highlighted the foods, products, and landscape of Pingtung. Normally the main lantern features the animal on the Chinese zodaic for which the year is named…
U.S. Senators Invite Tsai to Address Congress A group of U.S. senators has called for President Tsai Ing-wen to address a joint session of the U.S. Congress — a proposal that drew a characteristically cautious, non-committal response from the Taiwanese leader. The senators said having the Taiwanese leader speak to Congress would be consistent with…
